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Rental Market Trends in Groton, CT

What is the average rent in Groton, CT?

$1,840/month

Average Rent

749 Sq Ft

Average Apartment Size

+6.2%

Increase in the Last Year

As of April 2026, the average rent in Groton, CT is $1,840 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Groton rent prices are 12% higher than the national average. When you rent an apartment in Groton, you can expect to pay about $1,765 per month for a studio, $1,840 for a one-bedroom apartment, and around $2,080 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,760 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,765/month
518 Sq Ft
One Bedroom
$1,840/month
749 Sq Ft
Two Bedroom
$2,080/month
981 Sq Ft
Three Bedroom
$2,760/month
1,414 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$4,445/month
1,634 Sq Ft
Four Bedroom
$11,127/month
2,278 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,778/month
664 Sq Ft
Two Bedroom
$2,056/month
2,015 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Groton, CT?

In the past year, rent has increased by 6.2%, which averages out to $115 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Groton, CT
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Groton, CT
Percentage*
Rent Range
0% Below $700/month
5% $700 - $1,000/month
9% $1,001 - $1,500/month
45% $1,501 - $2,000/month
41% Above $2,000/month

What salary do I need to live comfortably in Groton, CT?

Because the average rent in Groton is $1,840, you’ll want to make about $6,133 per month or $73,596 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Groton, CT

648 Available Apartments for Rent

Search for Nearby Apartments

How does Groton, CT compare to other nearby cities and neighborhoods?

Use the tool below to compare Groton, CT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Groton, CT

Apartment Averages

Nearby City Rent Trends

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Apartment communities in Groton we think you'll love

Triton Square Apartments

Triton Square Apartments

1 Triton Sq,
Groton, CT 06340

$2,335 - $3,460 Total Monthly Price

Studio - 2 Beds | 12 Month Lease

GoodHomes Groton

GoodHomes Groton

99 Gold Star Hwy,
Groton, CT 06340

$1,525 - $2,694 Total Monthly Price

Studio - 2 Beds

ReNew Groton

ReNew Groton

26 Bishop Ln,
Groton, CT 06340

$2,069 - $3,599 Total Monthly Price

2 Beds

Pleasant Valley Apartments

Pleasant Valley Apartments

700 Pleasant Valley Rd N,
Groton, CT 06340

$2,135 - $2,970 Total Monthly Price

Studio - 2 Beds | 18 Month Lease

Property Management Companies in Groton, CT

A.R. Building Company
A.R. Building Company
  • 61

    Communities

  • 9,932

    Units

  • 48

    Cities

4 Communities in Groton
Beachwold Residential
Beachwold Residential
  • 58

    Communities

  • 14,173

    Units

  • 40

    Cities

3 Communities in Groton
The Simon Konover Company
The Simon Konover Company
  • 39

    Communities

  • 5,478

    Units

  • 26

    Cities

3 Communities in Groton
FPA Multifamily LLC
FPA Multifamily LLC
  • 89

    Communities

  • 18,182

    Units

  • 65

    Cities

2 Communities in Groton
SHP Management Corporation
SHP Management Corporation
  • 26

    Communities

  • 3,504

    Units

  • 19

    Cities

2 Communities in Groton
Jefferson Apartment Group
Jefferson Apartment Group
  • 34

    Communities

  • 9,330

    Units

  • 27

    Cities

1 Community in Groton
NBM Management
NBM Management
  • 18

    Communities

  • 3,894

    Units

  • 15

    Cities

1 Community in Groton
Lexington Partners
Lexington Partners
  • 20

    Communities

  • 3,240

    Units

  • 13

    Cities

1 Community in Groton

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United States Connecticut Groton Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

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Equal Housing Opportunity